USD/CAD struggles to capitalize on modest gains, holds steady near 1.2625-30
USD/CAD regained positive traction on Thursday and was supported by a combination of factors. Sliding
USD/CAD: Break below 200-DMA at 1.2549 to open up sharper fall towards 1.2478-1.2367 – DBS Bank
The recent USD/CAD decline from a 1.2949 peak aligns well with the recent oil price
USD/CAD Price Analysis: Bulls challenge 20-day SMA below 1.2600
USD/CAD trades higher in the Asian session on Thursday. Additional gains for the pair if
USD/CAD rises to daily high above 1.2630 as oil recovery loses steam
USD/CAD is pushing higher ahead of the American session. WTI stays quiet above $67 after
USD/CAD struggles to capitalize on modest gains, holds steady above 1.2600 mark
A combination of supporting factors assisted USD/CAD to gain positive traction on Wednesday. An extension
USD/CAD Price Analysis: Bounces off key support confluence to regain 1.2600
USD/CAD takes the bids to refresh intraday high, snaps two-day downtrend. Bearish MACD, 61.8% Fibonacci
USD/CAD may suffer a major fall to the 1.20 level – Commerzbank
USD/CAD spiked up to the 1.2950/60 pivot but has failed here. The move looks exhaustive
USD/CAD to extend its retreat towards the 200-DMA at 1.2553 – Credit Suisse
USD/CAD extends its dramatic retreat from the spike high at the end of last week
USD/CNY fix: 6.4805 vs prior 6.4969
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.4805 vs the prior 6.4969.
USD/CAD: Delta and elections to wallop the loonie in the near-term – BMO
In a generally downbeat week for financial markets, the Canadian dollar was one of the